BYD plummets after Buffett cuts; one fund manager says it could be a warning sign

BYD plummets after Buffett cuts; one fund manager says it could be a warning sign

Hong Kong-listed BYD shares tumbled on Wednesday after Warren Buffett’s Berkshire Hathaway cut its stake in the Chinese electric car maker — a possible warning sign, a fund manager said, It bodes well for more shares in the future. The group trimmed its stake slightly to 19.92 percent from 20.04 percent, according to a HKEX …

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